Prime 205
Retail | 6.25% CAP
Marketing description
Situated just off I-205 and SE Washington St, 1026 SE 96th Ave offers exceptional visibility and accessibility, making it a prime location for retail or professional tenants. The property benefits from high daily traffic counts—over 165,000 vehicles per day on I-205 and 22,000 on SE Washington—ensuring consistent exposure and foot traffic. Neighboring anchors like Home Depot, Target, and 24 Hour Fitness, along with proximity to Adventist Medical Center and a MAX Green Line stop, enhance the site's appeal to a diverse customer base. With modern renovations and a strong retail submarket boasting a low 3.5% vacancy rate, this property offers long-term stability and growth potential for investors.
Investment highlights
High-Traffic Strip Mall Next to Target & Home Depot
-Prime location: Situated at 1026 SE 96th Ave, Portland, OR, in a high-traffic area.
-Surrounded by major retailers: Close to popular stores like Target, 24 Hour Fitness and Home Depot, ensuring strong foot traffic.
-Prime 205 is situated within an opportunity zone, allowing for a variety of tax savings strategies for qualified individuals.
Strong Investment Potential:
The combination of high visibility, reliable tenants and an additional parcel with development opportunity located in an opportunity zone creates strong fundamentals for growth.
High Visibility:
Over 200,000 vehicles pass daily with access from major thoroughfares like I-205 and SE Washington St.
Opportunity Zone:
Prime Opportunity Zone Investment – 1026 SE 96th Ave, Portland, OR
Lot Size: 8,000 SF/ 0.63 AC | Zoning: CX, Central Commercial
Located in the heart of Portland’s Montavilla neighborhood, 1026 SE 96th Ave is an 8,000square-foot development lot positioned within a federally designated Opportunity Zone —making it an exceptional prospect for investors seeking long-term tax advantages and growth potential.
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